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Latest News on private equity markets

Rocket startup Astra trims staff to survive pandemic until next year

San Francisco-area rocket builder Astra recently reduced its staff, a person told CNBC, in order to survive coronavirus delays.

4 years ago

Oil prices under pressure from Saudi-Russia dispute, but tariffs provide support

Global benchmark oil prices are expected to open lower on Monday as a dispute between top crude exporters Russia and Saudi Arabia raises concerns of another collapse in talks to curb production at a meeting this week.



4 years ago

Boeing extends Washington state production shutdown

Boeing Co said Sunday it would extend its temporary suspension of production operations at its Washington state production facilities until further notice.



4 years ago

Oil prices decline $3 a barrel as market remains uncertain on supply outlook

Global benchmark oil prices traded as much as $3 a barrel lower as the market opened for Monday's trading session, reflecting fears of oversupply after Saudi Arabia and Russia postponed to Thursday a meeting about a potential pact to cut production.



4 years ago

EasyJet founder says will not inject fresh equity into company

Stelios Haji-Ioannou, the founder of easyJet Plc , has warned that he will not inject any fresh equity into the airline it terminates a contract with Airbus SE for 4.5 billion pounds ($5.50 billion), according to a letter https://easy.com/wp/wp-content/uploads/2020-04-05-stelios-media-statement-on-easyjet-and-airbus-for-release-6april20-final.pdf posted on EasyGroup's website.



4 years ago

Exclusive: Silver Lake to seek more than $16 billion for buyout fund - sources

Private equity firm Silver Lake Partners is preparing to seek at least $16 billion from investors for its sixth flagship buyout fund, braving the economic uncertainty of the coronavirus outbreak, according to people familiar with the matter.



4 years ago

Rolls-Royce to ditch targets and suspend dividend: FT

UK aero-engine maker Rolls-Royce will abandon its targets on profits, cash and deliveries, and suspend its dividend, due to the coronavirus outbreak, the Financial Times reported late on Sunday.



4 years ago

Boeing extends Washington state production shutdown indefinitely

Boeing Co said on Sunday it would extend the suspension of production operations at its Washington state facilities until further notice amid the coronavirus outbreak.



4 years ago

Solid chip sales unlikely to cushion Samsung's virus-hit first quarter profit

The coronavirus-driven global shift to working from home is set to have boosted demand for Samsung Electronics' memory chips from laptop makers and data centres, but first-quarter profits are likely to remain flat as the outbreak weakened consumer electronics sales.



4 years ago

Rolls-Royce to ditch targets and suspend dividend due to coronavirus: FT

British aero-engine maker Rolls-Royce will abandon its targets on profits, cash and deliveries, and suspend its dividend, as airlines around the world ground planes due to the coronavirus outbreak, the Financial Times reported late on Sunday.



4 years ago

Wall Street looks for light at end of tunnel, sees risk stocks will re-test lows

Wall Street analysts and investors see a risk that stocks could retest recent lows in the coming days or weeks as they worry about the spread of the virus and its impact on the economy, although some spot glimmers of light at the end of the tunnel.



4 years ago

Oil skids on oversupply fears, stocks jump on virus slowdown

Oil prices skidded on Monday after Saudi-Russian negotiations to cut output were delayed, keeping oversupply concerns alive, while stocks jumped as investors were encouraged by a slowdown in coronavirus-related deaths and new cases.



4 years ago

Wall St. looks for light at end of tunnel, sees risk stocks will re-test lows

Wall Street analysts and investors see a risk that stocks could retest recent lows in the coming days or weeks as they worry about the spread of the virus and its impact on the economy, although some spot glimmers of light at the end of the tunnel.



4 years ago

Tesla engineers show ventilator prototype on YouTube

Engineers at Tesla Inc showed a prototype for a ventilator on Sunday evening in a video published on the company's YouTube channel, as hospitals around the country overwhelmed by coronavirus patients face device shortages.



4 years ago

Oil drops over $1 on oversupply after OPEC+ delays meeting

Oil prices slipped more than $1 a barrel on Monday, after the world's top producers delayed a meeting to discuss output cuts that could partly alleviate oversupply in global markets as the coronavirus pandemic pummels demand.



4 years ago